Create Scenarios Based on the Bayesian Network Model

In this lesson, we delve into the creation and analysis of improvement scenarios using Bayesian network queries. In our example from the last project, this critical knowledge allows us to visualize and understand how an organization can advance its project management maturity and the potential implications of such progress.

Let's walk through various scenarios, demonstrating how an increase in maturity levels across different practices can significantly influence project outcomes. More specifically, we'll be focusing on the impact these maturity levels have on the probabilities of project overcosts. This analysis will arm us with the tools necessary to develop effective improvement strategies tailored to our specific requirements. ...